On February 5, there was a notable 14% increase in the value of Jio Financial Services' shares due to rumors that HDFC Bank or JFS may buy Paytm. HDFC Bank's stock, however, did not move that day. Conversely, Paytm's stock saw a significant decrease, reaching the 10% lower circuit on February 5. Prior to February 5, there had been a 20% decline in Paytm's stock over the course of two trading sessions. Furthermore, during the most recent trading session in question, the stock had a precipitous drop of 43%, prompting stock exchanges to amend the lower circuit limit for Paytm to 10%.
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